Plan Snapshot
- Plan Sponsor: Northern Ohio Medical Specialists, LLC
- Sponsor EIN: 341933718
- Sponsor Address: 3004 HAYES AVENUE, SANDUSKY, OH, 44870
- Plan Type: DC
- Total Participants: 1,257
- Total Assets: $117.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,257 | $117.2M | $4.3M | $4.8M |
| 2023 | 1,196 | $99.8M | $3.8M | $5.5M |
| 2022 | 1,154 | $82.7M | $4.2M | $5.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $129,788 | — | $129,788 |
| VENTURE VISIONARY PARTNERS | ADVISOR | $60,449 | — | $60,449 |
| NEWPORT TRUST COMPANY | TRUSTEE | $27,121 | — | $27,121 |
| MEADEN & MOORE, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VENTURE VISIONARY PARTNERS — ADVISOR
- MEADEN & MOORE, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,358
- Estimated Expense Ratio: 0.185% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $162,132 | $60,449 | $22,699 | — | — |
| 2023 | $211,970 | $60,450 | $35,771 | — | — |
| 2022 | $214,534 | $58,200 | $141,361 | — | $14,973 |